Autonomi Network Tokens
Last updated
Last updated
Autonomi Network Tokens, or ANT, are the oil of the Network's economy.
Users uploading data to the Network pay in ANT, and people contributing their spare resources to the network are rewarded in ANT for doing so.
ANT is a utility token that allows for the autonomous network to function without human intervention — a dynamic global market for secure data storage and communication.
Ethereum wallet addresses can receive ANT
Earnings are paid in ANT. When running a node, your earnings will be paid by the network to your Ethereum wallet address
ANT works on the Arbitrum blockchain. This is what is known as a Ethereum L2 blockchain, which makes faster and more cost effective.
You'll need a compatible wallet that works Arbitrum in order to see them.
To transfer ANT, or make payments for data you will also need a small amount of Arbitrum Ethereum in your wallet for Gas Fees.
ANT are divisible down to 18 decimal places, so you can pay for small amounts of data, and receive tiny transactions.
If you're interested in the economic design of the Network, and understanding more about how ANT functions within it you can read all the detail in the Autonomi White Paper and .